Market cap of Nutrien Ltd. [NTR] reaches 65.29B – now what?
Nutrien Ltd. [NYSE: NTR] A loss of -1.37% in the last trading session, to $88.68 per share price at that time. Company report on August 8, 2022 Nutrien announces the appointment of Ken Seitz to the position of President and CEO.
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Strong leadership advances the Nutrien strategy to safely and sustainably feed a growing world.
Nutrien Ltd. announced. (TSX and NYSE: NTR), the world’s largest provider of crop inputs and services, today announced that its Board of Directors has appointed Ken Seitz as President and CEO, effective August 8, 2022. Mr. Seitz will also join the Nutrien Board of Directors. The announcement follows an extensive seven-month global search process including internal and external candidates led by the Board of Directors and backed by a world-class executive recruitment firm with custom agricultural and chemical practices.
The company represents Nutrien Ltd. 550.05 million shares traded, while the company’s total market capitalization is $65.29 billion with the latest information. NTR stock price is found in the range from $88.64 to $91,425.
If compared to the average trading volume of 2.65 million shares, NTR reached a trading volume of 3,136,268 on the last trading day, which is why market watchers consider the stock to be active.
Here’s what top stock market experts have to say about Nutrien Ltd. [NTR]:
Based on accurate, fact-backed analyzes by Wall Street experts, the current consensus on a price target for NTR shares is $111.49 per share. Target price analysis and stock performance are usually carefully studied by market experts, and the current Wall Street consensus for NTR stock is a set recommendation at 2.20. This rating represents a strong buy recommendation, on a scale of 1 to 5, where 5 means strong sell, 4 represents sell, 3 represents hold, and 2 indicates buy.
Scotiabank has made an appreciation for the shares of Nutrien Ltd. , retaining their opinion of the stock as an outperformer for the sector, with their previous recommendation back on August 09, 2022. While these analysts kept the previous recommendation, Credit Suisse raised their target price to underperform. The new note about price target was released on July 14, 2022, which is the official target price for the Nutrien Ltd stock. Previously, the price target had another boost to $116, while Barclays analysts maintained an overweight rating on NTR stock.
The Average True Range (ATR) is set for Nutrien Ltd. at 3.48, with a price-to-sales ratio for NTR stock in the past twelve months at 1.39. The price-to-book ratio for the last quarter was 1.39, with the price-to-cash ratio for the stock in the same quarter set at 1.28. The NTR free cash flow rate for the past 12 months was 30.62 with a Q4 quick ratio of 0.70.
NTR stock trading performance analysis
Nutrien Ltd. [NTR] It fell into the red at the end of last week, fell in a negative direction and fell by -3.38. With this latest performance, NTR shares are down -3.17% over the past four-week period, as well as down -15.19% over the past six months — not to mention up 42.57% in the last year of trading.
Overbought and oversold stocks can be easily tracked by the Relative Strength Index (RSI), where an RSI result of over 70 is overbought, and any price below 30 indicates oversold conditions. The RSI of 50 represents neutral momentum in the market. The current stock NTR RSI for the last two weeks is set at 46.89, with the RSI for the last one trading at 44.54, and the three-week RSI at 48.51 for Nutrien Ltd. [NTR]. The current moving average for the last 50 trading days for this stock is 87.65 while it recorded at 88.65 for the last trading week, and 87.21 for the last 200 days.
Nutrien Ltd. [NTR]A deeper look at fundamental analysis
Operating margin for any stock indicates how profitable the investment is, and Nutrien Ltd. [NTR] The stock currently has an operating margin of +18.44 and a gross margin of +31.42. Net margin reported for Nutrien Ltd. Currently at +11.38.
The return on equity for this stock rose to 13.54, with the return on assets remaining at 6.42.
The liquidity data of Nutrien Ltd. Interesting too, with the quick ratio at 0.70 and the current ratio at 1.20.
Nutrien Ltd. [NTR]Earnings per share (EPS) analysis
The company’s progress can be seen through the perspective of the EPS growth rate, while Wall Street analysts focus on a 5-year EPS growth forecast for NTR. When it comes to the stated value, analysts expect 5-year EPS growth to rise for Nutrien Ltd. to 8.26%.
Insider Ownership Analysis of Nutrien Ltd. [NTR]
There are currently approximately $30,826 million, or 68.98% of NTR’s equity, in the hands of institutional investors. The three largest institutional owners of NTR shares are: ROYAL BANK OF CANADA with 27407247 ownership, which is approximately -9.645% of the company’s market capitalization and approximately 0.10% of the total institutional ownership; FMR LLC, which owns 26,564,768 shares with an approximate value of $2.36 billion in NTR stock; and VANGUARD GROUP INC, which currently holds $1.61 billion in NTR stock with ownership of approximately -1.188% of the company’s market capitalization.
Positions in Nutrien Ltd shares increased. held by institutional investors at the end of August and at the time of the August report, as 354 institutional owners consolidated their positions in Nutrien Ltd. [NYSE:NTR] About 32120,282 shares. In addition, 368 investors decreased their positions by 3,4607287 shares, while 123 investors kept their positions by 280,878,188 shares. The said changes put institutional holdings at 3,476,057,757 shares, according to the latest report from the Securities and Exchange Commission. NTR had 106 new institutional investments for a total of 4,212,077 shares, while 101 institutional investors sold deals totaling 10,312,810 shares during the same period.